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Xerox threatens to turn Fujifilm alliance into Asian rivalry

US company says it can capture region's 'enormous' potential better alone

Fujifilm filed a lawsuit against Xerox June 18 for unilaterally scrapping a buyout deal from the Japanese company.   © Reuters

TOKYO -- Xerox has declared that it is ready to part ways with longtime Japanese partner Fujifilm Holdings in Asia and there is no chance it will propose a new merger after their earlier attempt was thwarted by major shareholders.

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